document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1187722>Question 1187722</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Consider the following simplified financial statements of XYZ Corporation, assuming there are no income taxes. ( In millions) for the year ended December 31,2020, XYZ has predicted a sales increase of 22%.It has also Predicted that all items in the balance sheet will increase by 22% as well.\r<BR>\n" );
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document.write( "Income Statement.        Balance Sheet\r<BR>\n" );
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document.write( "Sales Php 9,000.         Assets Php 4,500. Debt Php 2,250<BR>\n" );
document.write( "Costs     7,000.                          Equity 2,250<BR>\n" );
document.write( "Net Income Php 2,000.     PHP 4,500.             PHP 4,500\r<BR>\n" );
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document.write( "1.) How much is the total predicted sales?<BR>\n" );
document.write( "2.) How much is the total predicted gross profit?<BR>\n" );
document.write( "3.) How much is the total predicted assets?<BR>\n" );
document.write( "4.) How much is the total predicted debt?<BR>\n" );
document.write( "5.) How much is the predicted equity?<BR>\n" );
document.write( "6.) How much is the total predicted balance sheet?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #820080 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52781)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=820080\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "This forum is not for Finance.\r<BR>\n" );
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